Egypt’s gross domestic budget sector debt has amounted to EGP 1.702 trillion (83.7% of GDP) at the end of June, 2014, representing a rise by 17.9% from EGP 1.444 trillion in June, 2013, showed a report issued by the Finance Ministry.
According to the report, gross consolidated general government domestic debt rose 17.5% to EGP 1.602 trillion (78.8% of GDP), compared with EGP 1.363 trillion at the end of June, 2013.
Gross consolidated public domestic debt rose 17% to EGP 1.649 trillion (81.1% of GDP), from EGP 1.41 trillion.
Budget sector deposits amounted to EGP 166.386 billion and general government deposits reached EGP 176.10 billion.
According to the report, gross consolidated general government domestic debt rose 17.5% to EGP 1.602 trillion (78.8% of GDP), compared with EGP 1.363 trillion at the end of June, 2013.
Gross consolidated public domestic debt rose 17% to EGP 1.649 trillion (81.1% of GDP), from EGP 1.41 trillion.
Budget sector deposits amounted to EGP 166.386 billion and general government deposits reached EGP 176.10 billion.
Source:
Mubasher